Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.
Click on the link to access the Organ and Bone Marrow Donation Tax Credit Report.
The January edition of our monthly newsletter - The IFO News Stand. The release includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends.
This research brief uses recent data published by the Department of Environmental Protection to project CY 2019 Impact Fee collections. Collections are estimated to be $198.2 million, a decrease of $53.6 million from the prior year.
The Commonwealth collected $2.91 billion in General Fund revenues for December, an increase of $2.0 million compared to December 2018.
The December edition of our monthly newsletter - The IFO News Stand. The release includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends.
In response to a legislative request, the Independent Fiscal Office analyzed new or expanded tax credits and special zones approved by the General Assembly since 2009.
This report for the third quarter of 2019 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
The Commonwealth collected $2.36 billion in General Fund revenues for November, an increase of $19.8 million (0.8%) compared to November 2018.
Director Matthew Knittel made a brief presentation to the Grow PA Coalition on the Pennsylvania Demographic and Economic Outlook.
Click on the hyperlink above to access the full report, three presentations and press release.